FTSE 250 movers: Miners, oil producers slide on pricing rout

2nd Feb 2026 14:25

(Sharecast News) - FTSE 250 (MCX) 23,257.18 0.02%

Miners and oil explorers were under the cosh on Monday as metal and crude prices continued their rout from Friday.

Gold miners Endeavour, Pan African and Hochschild were weaker, but had bounced off earlier lows.

Oil companies Harbour Energy and Ithaca Energy both slipped as Brent crude fell below $66 a barrel amid signs of a de-escalation in Iran-US tensions.

Gold was down 6.66% to $4,568 an ounce, after plunging almost 10% on Friday to below $5,000. Silver was down 10.36% to $76.41 after investors had pushed it to $120.

Copper was down 3.56% to $12,653 a metric tonne on the back of concerns around high inventories and weak demand ahead of China's Lunar New Year break, while platinum nosedived by 8% to $1,987 an ounce after last week's record of $2,918.

The sell-off appeared to be assisted by Trump's nomination of Kevin Warsh - seen as a policy hawk- to head the Federal Reserve, which led to the dollar strengthening to $1.36 against the pound and $1.18 versus the euro.

FTSE 250 - Risers

Raspberry PI Holdings (RPI) 277.90p 3.62%

Howden Joinery Group (HWDN) 856.50p 2.33%

AEP Plantations (AEP) 1,500.00p 2.04%

ITV (ITV) 82.90p 2.03%

Pets at Home Group (PETS) 208.40p 1.86%

Pennon Group (PNN) 556.00p 1.74%

Currys (CURY) 148.50p 1.71%

WH Smith (SMWH) 686.50p 1.70%

Keller Group (KLR) 1,802.00p 1.69%

Elementis (ELM) 164.20p 1.61%

FTSE 250 - Fallers

Ceres Power Holdings (CWR) 271.80p -8.61%

3i Infrastructure (3IN) 349.50p -6.30%

Genus (GNS) 3,025.00p -4.27%

BlackRock World Mining Trust (BRWM) 881.00p -3.72%

Endeavour Mining (EDV) 4,066.00p -3.69%

Harbour Energy (HBR) 224.20p -3.61%

Hochschild Mining (HOC) 656.00p -2.96%

Ithaca Energy (ITH) 178.20p -2.94%

Victrex plc (VCT) 637.00p -2.90%

Ocado Group (OCDO) 211.90p -2.89%